Volvo Group Trucks CTO Torbjorn Holmstrom quits

A global search will be conducted during autumn 2015 to identify his successor. Following this, he will remain at the Volvo Group as senior advisor research and development.Updated: September 12, 2015, 09:52 IST

ETAuto BureauNEW DELHI: Volvo Group Executive Team member Torbjorn Holmstrom has decided to step down from his position as Chief Technology Officer and Executive Vice President Group Trucks Technology.

A global search will be conducted during autumn 2015 to identify his successor.

“After concluding the largest industrial project in history of the Volvo Group - the renewal of the Volvo Trucks and Renault Trucks ranges - it is time to prepare for my successor”, says Holmstrom.

“Continuity in technology leadership is an essential part of driving large product projects and now is a good time to look for a new head of technology development”, he added.

Holmstrom will continue in his current position until such time as a successor has been appointed to lead the Group´s global truck technology and product development organisation.

Following this, he will remain at the Volvo Group as senior advisor research and development.